Nauru

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Introduction - Nauru:
Location - Nauru:
People - Nauru:
Government - Nauru:
Economy - Nauru:
Economy overview	Revenues of this tiny island have traditionally come from exports of phosphates, now significantly depleted. An Australian company in 2005 entered into an agreement intended to exploit remaining supplies. Few other resources exist with most necessities being imported, mainly from Australia, its former occupier and later major source of support. The rehabilitation of mined land and the replacement of income from phosphates are serious long-term problems. In anticipation of the exhaustion of Naurus phosphate deposits, substantial amounts of phosphate income were invested in trust funds to help cushion the transition and provide for Naurus economic future. As a result of heavy spending from the trust funds, the government faces virtual bankruptcy. To cut costs the government has frozen wages and reduced overstaffed public service departments. In 2005, the deterioration in housing, hospitals, and other capital plant continued, and the cost to Australia of keeping the government and economy afloat continued to climb. Few comprehensive statistics on the Nauru economy exist, with estimates of Naurus GDP varying widely.

Gdp purchasing power parity	$60 million (2005 est.)

Gdp official exchange rate	NA

Gdp real growth rate	NA%

Gdp per capita ppp	$5,000 (2005 est.)

Gdp composition by sector	agriculture: NA% industry: NA% services: NA%

Labor force by occupation	note: employed in mining phosphates, public administration, education, and transportation (1992)

Unemployment rate	90% (2004 est.)

Population below poverty line	NA%

Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices	-3.6% (1993)

Budget	revenues: $13.5 million expenditures: $13.5 million (2005)

Agriculture products	coconuts

Industries	phosphate mining, offshore banking, coconut products

Industrial production growth rate	NA%

Electricity production	30 million kWh (2004)

Electricity consumption	27.9 million kWh (2004)

Electricity exports	0 kWh (2004)

Electricity imports	0 kWh (2004)

Oil production	0 bbl/day (2004 est.)

Oil consumption	1,000 bbl/day (2004 est.)

Oil exports	NA bbl/day

Oil imports	NA bbl/day

Oil proved reserves	0 bbl

Natural gas production	0 cu m (2004 est.)

Natural gas consumption	0 cu m (2004 est.)

Exports	$64,000 f.o.b. (2005 est.)

Exports commodities	phosphates

Exports partners	South Africa 63.7%, South Korea 7.6%, Canada 6.6% (2006)

Imports	$20 million c.i.f. (2004 est.)

Imports commodities	food, fuel, manufactures, building materials, machinery

Imports partners	South Korea 43.8%, Australia 36.2%, US 5.9%, Germany 4.3% (2006)

Debt external	$33.3 million (2002)

Economic aid recipient	$20 million mostly from Australia (2005)

Currency code	Australian dollar (AUD)

Exchange rates	Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002)

Communications - Nauru:
Transportation - Nauru:
Military - Nauru:

This page was last updated on 16 September, 2007
Source: CIA >>>

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home : Countries: Australia and Oceania : Developed : Republic : Small to 100 000 km2 : Population to 10 000 000 people

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An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

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Nauru

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Nauru

Nauru: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Nauru

Economy overview

Gdp purchasing power parity

$60 million (2005 est.)

Gdp official exchange rate

NA

Gdp real growth rate

NA%

Gdp per capita ppp

$5,000 (2005 est.)

Gdp composition by sector

agriculture: NA% industry: NA% services: NA%

Labor force by occupation

note: employed in mining phosphates, public administration, education, and transportation (1992)

Unemployment rate

90% (2004 est.)

Population below poverty line

NA%

Household income or consumption by percentage share

lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices

-3.6% (1993)

Budget

revenues: $13.5 million expenditures: $13.5 million (2005)

Agriculture products

coconuts

Industries

phosphate mining, offshore banking, coconut products

Industrial production growth rate

NA%

Electricity production

30 million kWh (2004)

Electricity consumption

27.9 million kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004 est.)

Oil consumption

1,000 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Exports

$64,000 f.o.b. (2005 est.)

Exports commodities

phosphates

Exports partners

South Africa 63.7%, South Korea 7.6%, Canada 6.6% (2006)

Imports

$20 million c.i.f. (2004 est.)

Imports commodities

food, fuel, manufactures, building materials, machinery

Imports partners

South Korea 43.8%, Australia 36.2%, US 5.9%, Germany 4.3% (2006)

Debt external

$33.3 million (2002)

Economic aid recipient

$20 million mostly from Australia (2005)

Currency code

Australian dollar (AUD)

Exchange rates

Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002)

Free IQ test online

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

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Nauru

Nauru

agriculture: NA%
industry: NA%
services: NA%

lowest 10%: NA%
highest 10%: NA%

revenues: $13.5 million
expenditures: $13.5 million (2005)